Orion Portfolio Solutions LLC Boosts Holdings in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX)

Orion Portfolio Solutions LLC boosted its position in shares of Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) by 20.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 37,699 shares of the company’s stock after purchasing an additional 6,320 shares during the period. Orion Portfolio Solutions LLC’s holdings in Simplify High Yield PLUS Credit Hedge ETF were worth $895,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CDX. Park Edge Advisors LLC boosted its stake in Simplify High Yield PLUS Credit Hedge ETF by 17.3% during the 2nd quarter. Park Edge Advisors LLC now owns 391,785 shares of the company’s stock valued at $8,998,000 after purchasing an additional 57,840 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Simplify High Yield PLUS Credit Hedge ETF by 2.8% during the second quarter. Commonwealth Equity Services LLC now owns 166,715 shares of the company’s stock valued at $3,829,000 after buying an additional 4,487 shares during the last quarter. Simplify Asset Management Inc. increased its holdings in Simplify High Yield PLUS Credit Hedge ETF by 2,600.0% in the 2nd quarter. Simplify Asset Management Inc. now owns 4,045,997 shares of the company’s stock worth $92,918,000 after buying an additional 3,896,143 shares in the last quarter. AE Wealth Management LLC purchased a new position in Simplify High Yield PLUS Credit Hedge ETF in the 2nd quarter worth about $402,000. Finally, Truist Financial Corp lifted its stake in Simplify High Yield PLUS Credit Hedge ETF by 1,018.0% during the 2nd quarter. Truist Financial Corp now owns 179,277 shares of the company’s stock valued at $4,117,000 after acquiring an additional 163,241 shares during the period.

Simplify High Yield PLUS Credit Hedge ETF Stock Down 0.6 %

Shares of NYSEARCA CDX opened at $22.96 on Monday. The firm’s 50-day moving average price is $23.34 and its 200-day moving average price is $23.42. Simplify High Yield PLUS Credit Hedge ETF has a 52-week low of $21.34 and a 52-week high of $25.59.

Simplify High Yield PLUS Credit Hedge ETF Company Profile

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts.